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What was the deal that was made between Hamilton and Jefferson concerning the capital?
Wiki User
∙ 7y ago
Hamilton and Jefferson agreed to a national capitol along the Potomac River.
Wiki User
∙ 12y ago
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What did Hamilton and Jefferson agreed to a national capital along?
Hamilton and Jefferson agreed to a national capital along the Potomac River, which separates Maryland from Virginia.
What did the South receive in the compromise over the war debts between Hamilton and Jefferson?
The capital was moved to the South
How was the payment of the national debt conflict between Jefferson and Hamilton resolved?
The government repaid the war debts and a new capital would be in the South.
Its capital is Hamilton?
Bermuda.Bermuda
What British territory has Hamilton as its capital?
Hamilton is the capital of Bermuda.
What is the capital of Missouri?
The capital of Missouri is Jefferson City. Jefferson City became the capital in 1821 and is named after President Thomas Jefferson.
What is a capital of Missouri?
Jefferson City
What compromise did Alexander Hamilton Thomas Jefferson and James Madison reach regarding replayment of state debts?
In return for support of Hamilton's Assumption plan the new US capital would be on the Potomac River.
Is Jefferson the capital of Missouri?
Jefferson City is the capital of Missouri.
What compromise did Alexander Hamilton Thomas Jefferson and James Madison reach regarding payment of state dept?
He compromised that he would move the capital to the south.
What compromise did Jefferson and Hamilton Thomas Jefferson and James Madison reach regarding repayment of state debts?
It actually wasn't the repayment of state debts but the assumption of state debts. In 1790, Alexander Hamilton was the Secretary of the Treasury, Thomas Jefferson Secretary of State, and James Madison a Representative. Congress asked Hamilton for a plan to fix the economic system, and in the span of roughly 3 months Hamilton came out with the first Report on Public Credit, which advocated for the assumption of state debts. Hamilton argued that increasing the government's responsibility increases its authority. James Madison and Thomas Jefferson were horrified, and Madison set to work on not passing the bill, at least not the assumption. The other issue plaguing Congress was where to put the capital. In 1790 it was located in New York, which really wasn't a very good place to put it. Arguments rose. Madison and Jefferson favored Philadelphia as the temp capital and a site on the Potomac River as the permanent site. Alexander Hamilton, who wielded immense influence with Washington, however, wouldn't give in and desperately wanted the capital to remain in New York. Jefferson invited Hamilton and Madison to dinner and a compromise was made over the 2 issues. Hamilton would advocate for Philadelphia/Potomac for the capital; he figured that the capital would probably just end up there anyways. In return, Madison would not openly oppose Hamilton's assumption plan in the House, although he would not vote for it, and Jefferson would not try to sway Washington either way. The compromise was a very good one and history still remembers it, but at the time Hamilton would regret passing up the chance for New York to become another London (although it would) and Jefferson and Madison would regret letting the assumption pass as it made the government more powerful (which was Hamilton's goal as the Federalist party leader).
What sate capital is named in honor of Thomas Jefferson?
The state capital that is named in honor of Thomas Jefferson is Jefferson City.
